I CARE INC (EIN 521200664) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Principal Officer

JOSEPH A BELLANTI

Phone

3019382941

Tax Period

2024-04-01 to 2025-03-31

I CARE INC, founded in 1980, is a small nonprofit in the International Affairs sector that reported $118K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Net assets of $2.9M represent 301 months of operating reserves.

Mission

TO RAISE FUNDS FOR MEDICAL RESEARCH, EDUCATION, PATIENT CARE, AND PUBLIC AWARENESS OF VARIOUS IMMUNOLOGY MEDICAL PROBLEMS AND THEIR CURE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $114,382

Investment Income $429

Other Revenue $2,952

TOTAL REVENUE $117,763

Expense Breakdown

Grants Paid $74,929

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $112,941

Other Expenses $43,182

TOTAL EXPENSES $118,111

Year-over-Year Comparison

	2024	2023	Change
Revenue	$117,763	$151,896	-0.2%
Expenses	$118,111	$110,245	+0.1%
Net Income	$-348	$41,651	-1.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH A BELLANTI	PRESIDENT	10.00	Officer Director	$0	$0	$0
DAWN BELLANTI	SECRETARY	10.00	Officer Director	$0	$0	$0
JACQUELINE ROBERTS BELLANTI	VICE PRESIDENT	25.00	Officer Director	$0	$0	$0
BRIAN MANOOGIAN	TREASURER	10.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$117,763	$118,111	$3,049,417	$-348
2024	$151,896	$110,245	$3,049,765	$41,651
2023	$124,173	$101,038	$3,048,321	$23,135
2022	$200,686	$118,939	$3,279,983	$81,747
2021	$221,037	$138,177	$3,173,236	$82,860
2020	$240,815	$209,103	$3,090,376	$31,712
2019	$187,836	$158,915	$3,068,664	$28,921

I CARE INC